Jefferies Starts Regional Management (RM) at Buy

May 3, 2012 7:16 AM EDT
Get Alerts RM Hot Sheet
Price: $33.50 +2.51%

Rating Summary:
    4 Buy, 6 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Jefferies initiates coverage on Regional Management (NYSE: RM) with a Buy. PT $23.00.

The firm comments, "We believe RM is well positioned to continue its organic growth trajectory as de novo store builds continue to age, supporting growth in loan receivables and fees. Jefferies acted as a joint bookrunner in the company's recent IPO."

For an analyst ratings summary and ratings history on Regional Management click here. For more ratings news on Regional Management click here.

Shares of Regional Management closed at $17.05 yesterday.


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